COPENHAGEN SKYLINE ApS - CVR: 29422389

2018, DKK

01.07.2019

Bruttoresultat

27.486'

Primær drift

26.309'

Årets resultat

13.307'

Aktiver

525''

Kortfristede aktiver

42.532'

Egenkapital

-488''

Afkastningsgrad

5 %

Soliditetsgrad

-93 %

Likviditetsgrad

5 %

Resultat

01.07.2019

Årsrapport	2018 01.07.2019	2017 01.06.2018	2016 14.06.2017	2015 06.06.2016
Nettoomsætning	27.018.000
Bruttoresultat	27.486.000	-31.000	-38.000	0
Resultat af primær drift	26.309.000	0	0	0
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0	0
Finansielle indtægter	0	0	0	0
Finansieringsomkostninger	-12.211.000	0	0	0
Andre finansielle omkostninger	0	0	0	0
Resultat før skat	14.098.000	7.000	0	-6.850
Resultat	13.307.000	7.000	0	-6.850
Forslag til udbytte	0	0	0	0

Aktiver

01.07.2019

Årsrapport	2018 01.07.2019	2017 01.06.2018	2016 14.06.2017	2015 06.06.2016
Kortfristede varebeholdninger	0	0	0	0
Kortfristede tilgodehavender fra salg og tjenesteydelser	18.992.000	0	0	0
Likvider	23.540.000	0	0	0
Kortfristede aktiver	42.532.000	0	0	0
Immaterielle aktiver og goodwill	0	0	0	0
Finansielle anlægsaktiver	0	0	0	0
Materielle aktiver	482.664.000	0	0	0
Langfristede aktiver	482.664.000	0	0	0
Aktiver	525.196.000	0	0	0

Aktiver

01.07.2019

Passiver

01.07.2019

Årsrapport	2018 01.07.2019	2017 01.06.2018	2016 14.06.2017	2015 06.06.2016
Forslag til udbytte	0	0	0	0
Egenkapital	-488.132.000	-190.516.000	-190.523.000	-190.523.413
Hensatte forpligtelser	0	0	0	0
Langfristet gæld til banker	0	0	0	0
Anden langfristet gæld	0	0	0	0
Leverandører af varer og tjenesteydelser	376.000	0	0	0
Kortfristede forpligtelser	811.506.000	52.444.000	52.451.000	52.451.139
Gældsforpligtelser	1.013.328.000	190.516.000	190.523.000	190.523.413
Forpligtelser	1.013.328.000	190.516.000	190.523.000	190.523.413
Passiver	525.196.000	0	0	0

Passiver

01.07.2019

Nøgletal

01.07.2019

Årsrapport	2018 01.07.2019	2017 01.06.2018	2016 14.06.2017	2015 06.06.2016
Afkastningsgrad	5,0 %	Na.	Na.	Na.
Dækningsgrad	101,7 %	Na.	Na.	Na.
Resultatgrad	49,3 %	Na.	Na.	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.	Na.
Egenkapitals-forretning	-2,7 %	0,0 %	Na.	0,0 %
Payout-ratio	Na.	Na.	Na.	Na.
Gældsdæknings-nøgletal	215,5 %	Na.	Na.	Na.
Soliditestgrad	-92,9 %	Na.	Na.	Na.
Likviditetsgrad	5,2 %	Na.	Na.	Na.

Resultat

01.07.2019

Gæld

01.07.2019

Årsrapport

01.07.2019

Nyeste:01.01.2018- 31.12.2018(offentliggjort: 01.07.2019)

Information om virksomhedens regnskabsklasse:The annual report of Copenhagen Skyline ApS has been prepared in accordance with the provisions applying to reporting class B enterprises under the Danish Financial Statements Act.

Beretning

01.07.2019

Dato for ledelsens godkendelse af årsrapporten:2019-06-14

Beskrivelse af usikkerhed ved indregning eller måling:The Company's earnings were positively affected by completion of construction and development in the area, and the tenant Crowne Plaza Copenhagen Towers A/S performance have developed positively and is now stabilised. Management has carried out an impairment test of non current assets. The test did not show a need to recognise any impairment losses. Due to increased revenue from the operations during the past years, Management has reversed impairment write downs from previous years corresponding to this year's depreciations. Reference is made to note 3 for more details.

Beskrivelse af usædvanlige forhold, der kan have påvirket indregningen eller målingen:On May 16 2019 Copenhagen Skyline ApS (the surviving company) was merged with Copenhagen Towers Holding ApS (the non-surviving company). The merger was carried out with retrospective effect from 1 January 2018. On May 20 2019 Copenhagen Skyline ApS (the surviving company) was merged with Copenhagen Towers ApS (the non-surviving company). The merger was carried out with retrospective effect from 1 January 2018. The 2017 figures are restated for comparison purposes as a result of the legal merger. The merger resulted in a reduction of the equity of DKK 318,943 thousand. Going concern In January 2019 the maturity of the main financing agreements was extended and falls due in 2020. Management has prepared a sensitivity analysis on cash flow budgets showing that the Company will have sufficient liquidity to continue its operations until the loan falls due. After this, it is a condition for the Company's ability to remain a going concern that the Company extend its main financing agreements or the properties are sold. There is material uncertainty related to the going concern assumption, which casts significant doubt on the Company's ability to continue as a going concern, and therefore, the Company may be unable to realize its assets and discharge its liabilities in the normal course of business. The Company's equity is expected to be re established over the coming years due to rent income from properties, realization of properties and cancellation of debt. Reference is made to note 2 for more details.

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:Today, the Board of Directors and the Executive Board have discussed and approved the annual report of Copenhagen Skyline ApS for the financial year 1 January - 31 December 2018.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:The Company's purpose is to hold investments in the subsidiaries Komplementarselskabet WTCC A/S and WTCC P/S and the ownership of the hotel and conference centre, which is leased to Crowne Plaza Copenhagen Towers A/S. The Company has been indirectly involved in the construction of stages 1 and 2 of the Copenhagen Towers project.